Laws Affecting Agricultural Cooperatives
Quiz by Adam Bullard
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12 questions
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- Q1Which statement is true regarding laws affecting agricultural cooperatives?Agricultural cooperatives are subject to additional business regulationsAgricultural cooperatives are exempt from certain antitrust lawsAgricultural cooperatives do not have any legal protectionsAgricultural cooperatives must comply with all antitrust laws30s
- Q2What is the purpose of the Capper-Volstead Act?To promote international trade in agricultureTo establish quality standards for agricultural productsTo exempt agricultural cooperatives from certain antitrust lawsTo regulate the pricing of agricultural products30s
- Q3When did uncertainty over the legal status of agricultural cooperatives begin?189019141900192230s
- Q4What legislation passed in 1914 addressed the issue of agricultural cooperatives?Clayton ActCapper-Volstead ActSherman Antitrust ActRobinson-Patman Act30s
- Q5Which act was passed in 1922 and established the right of agricultural producers to form cooperatives for handling and marketing?Capper-Volstead ActCooperative Marketing ActInternal Revenue CodeAgricultural Marketing Act30s
- Q6What do agricultural cooperatives need to qualify for recognition under the Capper-Volstead Act?Members engaged in non-agricultural productionMembers engaged in purchasing productsMembers engaged in marketing productsMembers engaged in the production of agricultural products30s
- Q7Which act followed the Capper-Volstead Act and contains a broad definition of cooperative association?Robinson-Patman ActCooperative Marketing ActAgricultural Marketing ActClayton Act30s
- Q8Which act of 1926 authorized the Department of Agriculture to provide research and technical support to agricultural cooperatives?Cooperative Marketing ActCapper-Volstead ActAgricultural Marketing ActSherman Antitrust Act30s
- Q9Which act defines cooperative patronage refunds as non-discriminating?Clayton ActRobinson-Patman ActInternal Revenue CodeCapper-Volstead Act30s
- Q10In which chapter of the California Food and Agricultural Code are non-profit agricultural cooperative associations addressed?Chapter III, Division 10Chapter IV, Division 40Chapter II, Division 30Chapter I, Division 2030s
- Q11What is the purpose of the chapter in the California Food and Agricultural Code that recognizes cooperative agricultural associations?Stabilize the marketing of agricultural productsPromote intelligent and orderly marketing of agricultural products through cooperationRegulate the distribution of agricultural productsControl speculation and waste30s
- Q12Which code in California describes the type of income distributed to members that a producers' cooperative may deduct in computing its state franchise tax?Health and Safety CodeRevenue and Taxation CodeFood and Agricultural CodeCivil Code30s